Definition, Meaning & Synonyms
cancellation-fee
noun
/ˌkæn.səˈleɪ.ʃən fiː/
Definition
A charge that is incurred when a person or organization cancels a reservation or appointment.
Examples
- If you cancel your hotel reservation less than 24 hours before arrival, a cancellation fee will apply.
- The airline informed me that a cancellation fee is charged if I don’t notify them in advance.
Meaning
A cancellation fee is a monetary penalty due to the termination of a previously agreed-upon arrangement, such as a booking or contract.
Synonyms
- cancellation charge
- penalty fee
- termination fee
